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president obama now on his way back to hawaii to resume his vacation with his family. good morning. it is 4:30. thank you for joining us. >> we are glad to have you with us on this wednesday and in this new year of 2013. let's check in with jackie. >> it will not be a bad day overall. starting out on the ugly side of things will improve as we progress especially into the afternoon. a bit of cloud cover. just a smidge fof a wintry mix. that will be short-lived. it will be out of here by late morning. temperature wise, not as bad -- not a bad start here. almost everybody above freezing. 32 at it as brick and frigid. 35 at dulles. 38 in washington. highs in the upper 30's and low 40's. we are going to head to traffic. >> good morning. it feels like money mining -- monday morning. no major problems around the region. maryland virginia, and the district. no road work on the beltway. no problems for the entire beltway to report. i-95 -- regina heading north coming out of stafford, what bridge over occoquan, lanes are wide open. heading across the 14th street bridge. back to you. >> thank
president obama now on his way back to hawaii to resume his vacation with his family. good morning. it is 4:30. thank you for joining us. >> we are glad to have you with us on this wednesday and in this new year of 2013. let's check in with jackie. >> it will not be a bad day overall. starting out on the ugly side of things will improve as we progress especially into the afternoon. a bit of cloud cover. just a smidge fof a wintry mix. that will be short-lived. it will be out of here...
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>> tara mergener in washington this morning. thank you so much. >>> still the measure passed with bipartisan support. the deal die provided the leadership in the house. speaker john boehner and paul ryan voted yes, but house majority leader eric cantor who led a brief last-minute charge against the deal and kevin mccarthy voted no. earlier i had a chance to visit to politico's congressional reporter. we talked about how the bill got through the house and the political ramifications of sealing the deal. hughes republicans were earlier considering a deal with more spending cuts. it was different than what the senate passed. what ended up happening? kwhie did republicans change their minds? >> basically they knew if they tried to make any changes that the senate had already sent over to them it would greatly prevent getting it done. harry reid, the senate majority leader said it's going to be very, very tough. a lot of them were tired. the senators were already home and they were waiting for the house to just sign off on it. so any
>> tara mergener in washington this morning. thank you so much. >>> still the measure passed with bipartisan support. the deal die provided the leadership in the house. speaker john boehner and paul ryan voted yes, but house majority leader eric cantor who led a brief last-minute charge against the deal and kevin mccarthy voted no. earlier i had a chance to visit to politico's congressional reporter. we talked about how the bill got through the house and the political...
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. >> reporter: and the debt ceiling, before leaving for hawaii early this morning president obama urmged congress to raise it. >> we can't not pay bills that we already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastroph catastrophic. >> reporter: no word when the president will sign the bill so in the end it was one day late but just in time for nervous veshz as markets re-opened this morning. tracie potts, nbc news, washington. >> investors appear to be reacting positively to the deal. the dow is up 2%. nasdaq up 2.5%. markets in asia and europe were also up today. >>> your taxes are still about to go up. a 2% payroll tax cut just expired. that means you'll be paying about $1,000 a year more in taxs if you make $50,000 a year. economists warn that could slow the country's economic growth but as much as .07% in the coming year. on the flip side the tax cut cost the government about $125 billion a year. >> this congressional term is not ending without controversy. >>
. >> reporter: and the debt ceiling, before leaving for hawaii early this morning president obama urmged congress to raise it. >> we can't not pay bills that we already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastroph catastrophic. >> reporter: no word when the president will sign the bill so in the end it was one day late but just in time for nervous...
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awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $450,000. it extends unemployment benefits for a year and does not do a bunch of other stuff. it passed by a comfortable margin but only because a majority of yes votes came from democrats. 172 democrats voted in favor. 16 opposed. 151 republicans voted against the bill. only 85 voted in favor. in recent years, republican speakers of the house refused to bring bills to the floor unless they got a majority support from republicans. speaker john boehner of ohio violated that longstanding rule last night and in the process he became the only member of the leadership of his party who voted in favor of the b
awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $450,000. it extends unemployment benefits for a year and does not do a...
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good morning, karen. >> reporter: good morning paula. good morning, john. it wasn't pretty. neither party got what they wanted and they didn't even get it done in time. but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain both parties claimed was their ultimate goal. both democrats and republicans gave themselves credit for getting something done. >> this is a very, very strong first step. >> this is an important one. this is a critical one for the future of the country. >> reporter: there was considerable hand ringing among republicans about a lack of spending cuts. some wanted to add them in, but ultimately there wasn't enough votes to get it passed. this fiscal clif
good morning, karen. >> reporter: good morning paula. good morning, john. it wasn't pretty. neither party got what they wanted and they didn't even get it done in time. but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97%...
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good morning, everyone. president obama says he will sign the legislation approved by a divided house last night. it delays huge spending cuts that many economists feared would push the economy into a new recession. however, it does nothing really to avert the next fiscal cliff. in two months battles over further spending and, in particular, the u.s. federal debt limit will come to a head. >>> classes start thursday in a nearby town for the students who survived the shooting rampage at their school in newtown, connecticut, nearly three weeks ago. their desks, backpacks and other belongings left behind in the chaos in that rampage have been taken to a different school building so the kids will feel comfortable there. hillary clinton is spending a fourth day in a new york city hospital. the secretary of state is being treated for a blood clot in her head discovered during a follow-up exam for the concussion she suffered last month. doctors expect mrs. clinton to make a full recovery. >>> a celebrity photograph
good morning, everyone. president obama says he will sign the legislation approved by a divided house last night. it delays huge spending cuts that many economists feared would push the economy into a new recession. however, it does nothing really to avert the next fiscal cliff. in two months battles over further spending and, in particular, the u.s. federal debt limit will come to a head. >>> classes start thursday in a nearby town for the students who survived the shooting rampage at...
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caller: good morning. i look at this whole fiscal cliff debacle by the republicans. i think that the term fiscal cliff was used by the media to make it more dramatic than it really is. i don't believe there should be much government intrusion. ever since we had the federal reserve that has been constantly printing money, borrowing money, causing inflation. most of what our taxes go to our for paying interest on the debt. over $16 trillion. none of the politicians ever talk about that. the partisanship between republicans and democrats is silly. it is like watching republicans and democrats, it is like watching two drunks argue over a bar tab on the titanic. eventually, all this money will keep inflating and everything will keep rising. eventually, we will not be able to pay for it. the only sensible thing to do is have the effect of having low interest rates, try to balance the dollar and stop spending more money we don't have, and let people take care of themselves, and let the states take the role the fe
caller: good morning. i look at this whole fiscal cliff debacle by the republicans. i think that the term fiscal cliff was used by the media to make it more dramatic than it really is. i don't believe there should be much government intrusion. ever since we had the federal reserve that has been constantly printing money, borrowing money, causing inflation. most of what our taxes go to our for paying interest on the debt. over $16 trillion. none of the politicians ever talk about that. the...
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>>> president obama heads to hawaii this morning to finish his family vacation. he left washington late last night after the house approved legislation that keeps the nation from going over the fiscal cliff. the bill raises taxes on the wailtiest 2% of americans but maintains tax cuts for most people. >>> today's agreement enshirine the principal and the law. the deficit needs to be reduced in a way that's balanced. everyone pays their fair share, does their part. that's how our economy works best. that's how we grow. >> the president said the legislation will prevent the economy from slipping back into recession. >>> today, the governor of pennsylvania will announce a lawsuit against the ncaa over the stiff sanctions it imposed on penn state university in the wake of the jerry sandusky scandal. former assistant football coach convicted of sexually abusing boys. they fined penn state $60 million and removed 40 seasons of victories under joe paterno. >>> a connecticut attorney who sought to sue the state for $100 million over the school massacre in newtown, connec
>>> president obama heads to hawaii this morning to finish his family vacation. he left washington late last night after the house approved legislation that keeps the nation from going over the fiscal cliff. the bill raises taxes on the wailtiest 2% of americans but maintains tax cuts for most people. >>> today's agreement enshirine the principal and the law. the deficit needs to be reduced in a way that's balanced. everyone pays their fair share, does their part. that's how...
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morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache relief. >>> out with the old and in with the new tomorrow in congress. john, good to see you. i know you were working really hard over the holiday like so many of us looking and watching to see if this deal was going to happen here. we got a new congress coming in tomorrow. do we exct that they're going to be any more cooperative with the president and his agenda than the last one? >> there are rational reasons for optimism, and here's why. they were elected during the presidential election of 2012, and the at amoss fear and the message voters sent couldn't have been more different than in 2010. the big difference, of course, presidential elections bring out broad representative sam
morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache relief. >>> out with the old and in with the new tomorrow in congress. john, good to see you. i know you...
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and i do think the democrats acted responsibly. >> was it nice to wake up to this morning? >> the good thing also was that it was a compromise and the republicans were not, we didn't make the republicans, you know, pay for the entire election. >> let's leave with a smile on our face. thanks so much for being with us. you're all right yourself. >> thank you. >>> victor blackwell with "cnn newsroom" continues. >> good morning, happening in "the newsroom" dodging the fiscal cliff crisis for now. with all of the talk about spending less why are lawmakers giving billions to businesses that are already thriving? we'll show you who is cashing in. >>> party crashers, republicans split over the tax deal and the core values of the gop and that strained unity faces a bigger test as a new deadline looms over spending cuts. >>> while the gop licks its wounds, wall street gets ready to celebrate. u.s. stocks set to open higher as markets around the world trade higher on the deal. >>> and they told us to basically drop dead. that's how one new yorker is reportedly characterizing the house
and i do think the democrats acted responsibly. >> was it nice to wake up to this morning? >> the good thing also was that it was a compromise and the republicans were not, we didn't make the republicans, you know, pay for the entire election. >> let's leave with a smile on our face. thanks so much for being with us. you're all right yourself. >> thank you. >>> victor blackwell with "cnn newsroom" continues. >> good morning, happening in...
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jen psaki, good morning, good to see you. >> good morning, how are you guys? >> we're well and i think you're well as well with the white house and this thing going through. >> i am. >> let me ask you, we were asking on the house side taking behind the closed doors, the question to you is what happened in the white house? last night they're hearing the vote was going to happen one hour, another hour, might they amend it, might they pitch it. what was happening? >> well, i think there's no question that everyone in the white house, the president included is happy to have this vote in the rear view mirror. as you've mentioned this morning, there are a number of other obstacles they have that they also want to get behind them because avoiding the fiscal cliff, making sure that the country votes, that congress votes to increase the debt limit is not the president and the white house's idea of a second term agenda. i think they were watching closely, they were optimistic, they've been very careful in how they've handled this because they want the will of the americ
jen psaki, good morning, good to see you. >> good morning, how are you guys? >> we're well and i think you're well as well with the white house and this thing going through. >> i am. >> let me ask you, we were asking on the house side taking behind the closed doors, the question to you is what happened in the white house? last night they're hearing the vote was going to happen one hour, another hour, might they amend it, might they pitch it. what was happening? >>...
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a .9% tax above $250,000 for obama care kicking in right now. this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and
a .9% tax above $250,000 for obama care kicking in right now. this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550...
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. >> stephanie: obama has not cut healthcare. we'll get to that. unfortunately, we're in a hard break. much more right back on "the stephanie miller show." [ ♪ theme ♪ ] >> stephanie: hello hour number two. good morning jacki schechner. >> good morning! >> stephanie: hi, i'm here now. >> i know. thanks for joining us. >> stephanie: i didn't show jim your smokin' hot new year's eve picture. >> which one did i send you? >> stephanie: well, that seems to be the difficulty there. [ ♪ magic wand ♪ ] >> there was a moment when i went back through my texts yesterday to make sure i hadn't said anything that i would regret. >> stephanie: new year's day. what did i send, who? roland sent someone a picture of my cleavage. >> you have cleavage? >> when is cleavage never not important?: i spent it with some friends at a small house party. we had a very good time. >> how small was the house? >> stephanie: big enough for you and jacki. here she is. all snugly in the current news center. jacki schechner. >> good morning, everybody. the dow is up 200 points
. >> stephanie: obama has not cut healthcare. we'll get to that. unfortunately, we're in a hard break. much more right back on "the stephanie miller show." [ ♪ theme ♪ ] >> stephanie: hello hour number two. good morning jacki schechner. >> good morning! >> stephanie: hi, i'm here now. >> i know. thanks for joining us. >> stephanie: i didn't show jim your smokin' hot new year's eve picture. >> which one did i send you? >> stephanie:...
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president obama just a few minutes before i walked out here to the lawn put out a paper statement that is urging the house to vote today on that bill it's a $64.4 billion bill that is packed with aid for residents of new york and new jersey and the affected areas, and that is another bill that passed the senate first last week. jenna: big meeting at 3:00pm with house leadership and some of the delegates from new york and new jersey. thank you. jon: let's bring in charlie hurt columnist with the washington times for more on the fiscal cliff deal. i know you have been scouring washington and looking for an adult. have you found any? >> no, that is the one thing that is in short supply around here. only in washington would we have a definite reduction plan that would pass both chambers of congress and be signed by the president that actually increases the deficit. it's absolutely crazy. even, you know, the republicans -- i do you understand their argument that people like paul ryan makes about protect being the highest number of taxpayers from a huge tax increase and that is a very good a
president obama just a few minutes before i walked out here to the lawn put out a paper statement that is urging the house to vote today on that bill it's a $64.4 billion bill that is packed with aid for residents of new york and new jersey and the affected areas, and that is another bill that passed the senate first last week. jenna: big meeting at 3:00pm with house leadership and some of the delegates from new york and new jersey. thank you. jon: let's bring in charlie hurt columnist with the...
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sale ends midnight january 2nd. >> juliet: good morning, everybody. today is wednesday, january 2, 2013. i'm juliet huddy in for gretchen. vacation back on. president obama is off to hawaii now that the threat of a fiscal cliff is over. but what happens to the economy going forward? dana perino is standing just about ten feet away from me. she'll be here to talk about that. >> steve: weren't we just told al-qaeda was on its heels, out of business? somebody forgot to tell al-qaeda. they just put a giant gold bounty on that man, screen left's head. and he is a u.s. ambassador. we'll tell what you we know. >> brian: the cat is out of the bag. the government now telling people how many cats you're allowed to have. if you're in a house and you're a cat, and there are five of you, you're really going to want to pay attention. "fox & friends" starts now. >> steve: you look exhausted. >> steve: welcome to "fox & friends" on this wednesday that seems like a monday. >> juliet: speak for yourself. >> steve: we were working yesterday as well e. with got huddy wit
sale ends midnight january 2nd. >> juliet: good morning, everybody. today is wednesday, january 2, 2013. i'm juliet huddy in for gretchen. vacation back on. president obama is off to hawaii now that the threat of a fiscal cliff is over. but what happens to the economy going forward? dana perino is standing just about ten feet away from me. she'll be here to talk about that. >> steve: weren't we just told al-qaeda was on its heels, out of business? somebody forgot to tell al-qaeda....
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caller: good morning. happy new year. as it may be. i have a couple of comments to make. my husband and i are strong, strong democrats and we couldn't wait to vote for president obama again because we love him dealer. however, i have these two comments. i'm a little upset with the way he's letting washington republicans run over him. yes, sy billoussy billious a gentleman and -- yes, he is a gentleman and he's there to take care of us and so forth and he has done a good job, because we dealer love him. but this time the republicans it seems like were running all over him and he was being a gentleman about it. he has nothing to lose now, this is his last tour. so my husband said the president ought to take some of the representatives in the back room and give them a black eye. because they're doing things in washington that the american public is watching. nobody is asking -- the american public are not coming out on the street and saying, what is wrong, what are we doing? we're sending the same people back to do the same thing over. just like the old edgar hoover days. i
caller: good morning. happy new year. as it may be. i have a couple of comments to make. my husband and i are strong, strong democrats and we couldn't wait to vote for president obama again because we love him dealer. however, i have these two comments. i'm a little upset with the way he's letting washington republicans run over him. yes, sy billoussy billious a gentleman and -- yes, he is a gentleman and he's there to take care of us and so forth and he has done a good job, because we dealer...